Especially considering not only how many projects Platinum takes on but they also have a very shaky track record when it comes to quality software. For every Bayonetta and Vanquish there is a Korra or TMNT. Maybe they had good reason to put it down, frankly it didn't look like anything special to me, but I'm jaded and could say that about most 1st party games from all the major platforms.
I'm skeptical but I'm not saying MS is doing a great job either. I mean even their indie relationships have been mismanaged. Last gen we get great games like Castle Crashers, Bastion, etc. and promotions like Summer of Arcade, now we get trash like Lococycle. The Ori's and Cupheads are few and far between.
It's not good enough MS, step you game up and compete cause Scorpio won't sell itself.